| | |
1.75%
| 2.22% |
$0
|
$0 p.a.
|
80%
|
$64,892.81 | This very low fixed rate is only available until 29 April 2021. Other conditions apply. A competitive fixed rate loan with no ongoing fees. Requires a 20% deposit
| | | |
| | |
1.89%
| 3.46% |
$0
|
$395 p.a.
|
95%
|
$60,772.02 | Up to $3,000 refinance cashback. Eligible borrowers refinancing $250,000 or more can get up to $3,000 cashback. Other conditions apply. | | | |
| | |
2.49%
| 2.51% |
$0
|
$0 p.a.
|
80%
|
$44,577.54 | Up to $4,000 refinance cashback Get this low-rate variable loan with a 20% deposit and pay $0 application fee. Borrow from $150k (or $250k to be eligible for the cashback offer) (terms, conditions & exclusions apply).
| | | |
| | |
1.88%
| 2.86% |
$0
|
$390 p.a.
|
80%
|
$61,044.54 | $3,288 refinance cashback offer Lock in a low fixed rate for 2 years and buy your home with a 20% deposit. Eligible refinancers borrowing $250,000 or more can get a $3,288 cashback. Terms and conditions apply. | | | |
| | |
2.29%
| 2.72% |
$0
|
$8 p.a.
|
95%
|
$50,287.27 | Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply. | | | |
| | |
1.84%
| 3.38% |
$0
|
$395 p.a.
|
80%
|
$61,977.38 | Up to $4,000 refinance cashback Borrowers with 20% deposits or equity can get this competitive fixed rate loan. Refinancers borrowing $250,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
1.89%
| 2.85% |
$0
|
$0 p.a.
|
80%
|
$61,167.02 |
Lock in a low fixed rate loan for two years and get the annual package fee waived in the first year. Available for borrowers with 20% deposits.
| | | |
| | |
2.19%
| 2.19% |
$0
|
$0 p.a.
|
60%
|
$53,040.06 |
Owner occupiers with 40% deposits or equity can get this competitive variable rate loan. No upfront or ongoing fees.
| | | |
| | |
1.99%
| 2.47% |
$0
|
$0 p.a.
|
80%
|
$58,081 |
Home buyers can get a very low discounted variable rate for the first year. This loan has a revert rate of 2.48%. Requires a 20% deposit. Add an offset account for an additional 0.10% on your interest rate. | | | |
| | |
1.99%
| 3.1% |
$0
|
$0 p.a.
|
80%
|
$58,479.66 |
Get a low fixed rate package with no application or settlement fee. Available with a 20% deposit. Other fees and charges apply.
| | | |
| | |
2.09%
| 2.43% |
$0
|
$0 p.a.
|
70%
|
$55,770.62 |
Get a low interest rate and a mortgage with flexible, basic features. No application or ongoing fees. Requires a 30% deposit. Refinancers can switch with a convenient digital application.
| | | |
| | |
1.89%
| 2.18% |
$250
|
$0 p.a.
|
90%
|
$60,334.6 |
Owner occupiers can get a sharp fixed rate for the first year, plus an offset account. Available with a 10% deposit.
| | | |
| | |
2.34%
| 2.34% |
$0
|
$0 p.a.
|
80%
|
$48,903.84 |
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
| | | |
| | |
2.44%
| 2.45% |
$0
|
$0 p.a.
|
80%
|
$46,119.67 | $3,288 refinance cashback offer Get a low interest variable rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online. If you're refinancing $250,000 or above you can get a $3,288 cashback. Terms and conditions apply. | | | |
| | |
1.99%
| 2.33% |
$0
|
$0 p.a.
|
80%
|
$58,479.66 |
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
| | | |
| | |
2.14%
| 2.16% |
$0
|
$0 p.a.
|
60%
|
$54,408.06 |
A competitive rate with no application or ongoing fees. This loan is not available for construction.
| | | |
| | |
2.15%
| 2.62% |
$250
|
$250 p.a.
|
80%
|
$53,205.93 | $2,000 cashback offer A competitive fixed rate loan from an online-only smart bank. Requires a 20% deposit. Eligible new borrowers and refinancers can get a $2,000 cashback for a limited time. | | | |
| | |
1.69%
| 3.49% |
$0
|
$0 p.a.
|
110%
|
$66,246.88 | Requires a family member to act as guarantor. Get one of the lowest rates on the market with this fixed rate mortgage and borrow more with help from a family guarantor. NSW, QLD and ACT residents only. | | | |
| | |
2.49%
| 2.49% |
$0
|
$0 p.a.
|
60%
|
$44,719.6 |
A competitive variable rate home loan for owner-occupiers. Requires a 40% deposit. Refinancers can switch with a convenient digital application.
| | | |
| | |
1.99%
| 3.33% |
$0
|
$395 p.a.
|
80%
|
$57,818.87 |
Lock in a competitive rate for owner occupiers for two years. Comes with a 100% offset account.
| | | |
| | |
2.44%
| 2.45% |
$0
|
$0 p.a.
|
80%
|
$46,119.67 |
A competitive variable interest rate loan with low fees. The establishment fee is waived if you borrow $150,000 or more.
| | | |
| | |
2.19%
| 2.2% |
$0
|
$0 p.a.
|
60%
|
$52,698.78 |
Get flexibility and the option to make unlimited extra repayments with this variable rate loan.
| | | |
| | |
1.97%
| 2.81% |
$449
|
$6 p.a.
|
95%
|
$57,959.5 | NSW and ACT customers only. 3 years fixed interest terms and free access to redraw facility online. Available with a 10% deposit.
| | | |
| | |
2.17%
| 2.2% |
$250
|
$0 p.a.
|
80%
|
$52,723.37 |
A very low interest rate for home buyers with 20% deposits saved. Add an offset account for a small fee.
| | | |
| | |
2.04%
| 2.79% |
$300
|
$10 p.a.
|
80%
|
$56,525 | $3,000 refinance cashback. Buy your home and lock in a low rate for the first two years. Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 27 February 2021 and settle by 27 August 2021. | | | |
| | |
2.49%
| 2.51% |
$0
|
$0 p.a.
|
80%
|
$44,577.54 | Up to $4,000 refinance cashback A competitive variable rate loan. Refinancers borrowing $250,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
1.95%
| 2.17% |
$250
|
$0 p.a.
|
90%
|
$58,717.98 |
A low fixed mortgage with an optional 100% offset account. Not available for construction purposes. | | | |
| | |
2.24%
| 2.26% |
$0
|
$0 p.a.
|
90%
|
$51,666.66 |
This loan offers a competitive variable rate and a 100% offset account to help save you on interest repayments. This loan is not available for construction.
| | | |
| | |
2.49%
| 2.51% |
$0
|
$0 p.a.
|
80%
|
$44,577.54 | Up to $4,000 refinance cashback A competitive variable rate loan from BankSA. Refinancers borrowing $200,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
1.94%
| 3.21% |
$0
|
$395 p.a.
|
80%
|
$59,299.05 | Up to $4,000 refinance cashback Lock in a low fixed rate loan for four years. Refinancers borrowing $250,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
2.35%
| 2.4% |
$600
|
$0 p.a.
|
95%
|
$47,461.97 |
Home buyers can get a competitive, low-fee variable rate plus a 100% offset account. Low deposit option available. Eligible new home buyers with low deposits can apply for the First Home Loan Deposit Scheme with this lender and avoid LMI costs. Eligible refinancers can get a $2,000 pre-paid credit card when they switch to CUA. | | | |
| | |
1.99%
| 3.29% |
$0
|
$395 p.a.
|
95%
|
$58,084.66 | Up to $3,000 refinance cashback. Lock in a very low rate for four years with this owner occupier loan. Eligible borrowers refinancing $250,000 or more can get up to $3,000 cashback. Other conditions apply. | | | |
| | |
1.89%
| 3.43% |
$0
|
$395 p.a.
|
80%
|
$60,425.96 | Up to $4,000 refinance cashback. Fix to a low rate for two years and forget about rate rises. Refinancers borrowing $200,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
1.84%
| 3.38% |
$0
|
$395 p.a.
|
80%
|
$61,977.38 | Up to $4,000 refinance cashback Get a competitive home loan rate for two years. Requires at least a 20% deposit. Refinancers borrowing $250,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
1.99%
| 2.7% |
$0
|
$0 p.a.
|
80%
|
$57,788.68 |
Home buyers can lock in this low fixed rate for two years. This loan also allows extra repayments. Requires a 20% deposit.
| | | |
| | |
1.99%
| 3.26% |
$0
|
$395 p.a.
| |
$57,733.84 | Up to $4,000 refinance cashback A competitive fixed rate loan. Refinancers borrowing $200,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
2.19%
| 4.23% |
$600
|
$8 p.a.
|
95%
|
$52,015.55 |
Get a partial offset account and the option to make interest-only repayments.
| | | |
| | |
1.94%
| 3.21% |
$0
|
$395 p.a.
|
80%
|
$59,299.05 | Up to $4,000 refinance cashback Lock in a very low rate for four years. Requires a 20% deposit. Refinancers borrowing $250,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
2.24%
| 2.21% |
$0
|
$0 p.a.
|
70%
|
$51,666.66 |
A low variable rate for owner occupiers with 30% deposits. No upfront or ongoing fees.
| | | |
| | |
2.28%
| 3.84% |
$0
|
$395 p.a.
|
95%
|
$50,169.12 | $2,000 refinance cashback Enjoy a competitive rate with no application fee for this package loan. $2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
| | |
2.09%
| 3.27% |
$0
|
$395 p.a.
|
80%
|
$55,106.27 |
Get a low 3 year fixed rate with a 100% offset account and package discounts.
| | | |
| | |
2.59%
| 2.6% |
$0
|
$0 p.a.
|
110%
|
$41,903.57 |
Pay no deposit or LMI and get a discounted rate with this family pledge loan. Requires a family member to act as guarantor. NSW, QLD and ACT only. | | | |
| | |
2.58%
| 2.64% |
$449
|
$0 p.a.
|
80%
|
$41,037.62 |
A competitive variable rate for borrowers with 20% deposits saved. Available for NSW and ACT borrowers only. | | | |
| | |
2.29%
| 2.29% |
$250
|
$0 p.a.
|
90%
|
$49,409.46 |
A competitive 3 year investor rate with principal and interest repayments. Optional offset account with a $10 monthly fee. Not available for construction purposes. | | | |
| | |
2.69%
| 2.52% |
$0
|
$0 p.a.
|
80%
|
$39,066.37 |
A competitive rate with no application or ongoing fee. This loan is not available for construction.
| | | |
| | |
2.58%
| 2.6% |
$0
|
$0 p.a.
|
80%
|
$41,611.14 |
This variable rate loan keeps the features simple and fees low. This loan is offered by a 100% online lender.
| | | |
| | |
2.14%
| 2.35% |
$0
|
$0 p.a.
|
80%
|
$54,408.06 |
A one year fixed rate offer with no ongoing bank fees.
| | | |
| | |
2.59%
| 2.64% |
$600
|
$0 p.a.
|
80%
|
$40,824.07 | Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount.
| | | |
| | |
2.14%
| 2.71% |
$0
|
$0 p.a.
|
80%
|
$54,408.06 |
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
| | | |
| | |
2.64%
| 4.65% |
$0
|
$0 p.a.
|
80%
|
$39,908.12 |
Lock in a competitive rate for 2 years, unlock package discounts and use a 100% offset account to minimise interest payments.
| | | |
| | |
2.39%
| 3.15% |
$0
|
$350 p.a.
|
95%
|
$46,954.14 |
Get a partial offset account and flexible repayments with this package loan.
| | | |
| | |
2.54%
| 2.54% |
$0
|
$0 p.a.
|
60%
|
$43,314.23 |
Investors with large 40% deposits or equity can get this low variable rate. A competitive option for investors looking to refinance.
| | | |
| | |
2.04%
| 2.17% |
$250
|
$0 p.a.
|
90%
|
$56,278.33 |
A low 3 year fixed rate for home buyers. Add a 100% offset account with a $10 monthly fee. Not available for construction purposes. | | | |
| | |
1.99%
| 2.71% |
$0
|
$0 p.a.
|
80%
|
$57,788.68 |
If you have an owner occupier loan with loans.com.au you can also get this very low rate variable mortgage for your investment property. Principal and interest repayments. Add an offset account for an additional 0.10% on your interest rate. | | | |
| | |
2.19%
| 2.53% |
$0
|
$0 p.a.
|
80%
|
$53,040.06 |
Borrow up to $750,000 with this basic 3 years fixed rate home loan. Refinancers can switch with a convenient digital application.
| | | |
| | |
2.54%
| 2.56% |
$0
|
$0 p.a.
|
90%
|
$43,171.24 | $2,000 cashback. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get a $2,000 cashback (terms, conditions & exclusions apply)
| | | |
| | |
2.39%
| 2.41% |
$0
|
$0 p.a.
|
80%
|
$47,514.42 |
This investment loan keeps fees low, has a sharp interest rate and comes with a 100% offset account. This loan is not available for construction.
| | | |
| | |
2.59%
| 2.63% |
$595
|
$0 p.a.
|
80%
|
$41,047.16 | $2,000 refinance cashback $2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
| | |
2.68%
| 2.74% |
$449
|
$0 p.a.
|
95%
|
$38,187.43 | NSW and ACT customers only. You can get an interest rate discount for a limited time with this competitive variable mortgage.
| | | |
| | |
2.59%
| 2.61% |
$0
|
$0 p.a.
|
90%
|
$41,903.57 |
Save on interest with a free 100% offset account and buy your property with just a 10% deposit. This loan is not available for construction.
| | | |
| | |
2.59%
| 2.76% |
$300
|
$10 p.a.
|
60%
|
$41,255.02 | $3,000 refinance cashback. A variable rate loan for owner occupiers with a 40% deposit (or equity) borrowing under $500,000. Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 27 February 2021 and settle by 27 August 2021. | | | |
| | |
2.54%
| 2.56% |
$0
|
$0 p.a.
|
90%
|
$43,171.24 | $2,000 cashback A competitive variable rate loan. Refinancers borrowing $250,000 or more can get a $2,000 cashback (Other terms, conditions and exclusions apply). | | | |
| | |
2.19%
| 3.72% |
$0
|
$395 p.a.
|
95%
|
$52,645.06 | $2,000 refinance cashback Enjoy a discounted fixed rate and the ability to package the loan with other financial products. $2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
| | |
2.49%
| 3.36% |
$449
|
$6 p.a.
|
90%
|
$43,584.09 | NSW and ACT customers only. A 3 years fixed rate investor which allows extra repayments to be made.
| | | |
| | |
2.59%
| 3.05% |
$0
|
$395 p.a.
|
80%
|
$41,220.71 | $2,000 cashback offer A competitive variable rate package home loan with a 100% offset account. Eligible refinancers can get a $2,000 cashback. | | | |
| | |
2.38%
| 3.72% |
$595
|
$0 p.a.
|
90%
|
$46,959.7 | $2,000 refinance cashback Competitive fixed rate for home buyers.Available with a 10% deposit.$2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
| | |
2.52%
| 2.55% |
$250
|
$0 p.a.
|
90%
|
$43,021.3 |
A very low variable interest rate for borrowers with a 10% deposit. Add a 100% offset account for $10 a month. Not available for construction purposes. | | | |
| | |
2.24%
| 3.8% |
$0
|
$0 p.a.
|
80%
|
$51,116.98 |
Pay no application fees and access a fee-free redraw facility with this fixed rate loan.
| | | |
| | |
2.94%
| 3.34% |
$0
|
$395 p.a.
|
95%
|
$31,486.78 | $2,000 refinance cashback New borrowers or refinancers can get a discounted rate with this package loan. $2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
| | |
2.5%
| 2.67% |
$300
|
$10 p.a.
|
60%
|
$43,798.03 | $3,000 refinance cashback. A variable rate loan for owner occupiers with a 40% deposit (or equity). Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 26 February 2021 and settle by 28 May 2021. | | | |
| | |
2.14%
| 3.95% |
$0
|
$0 p.a.
|
80%
|
$53,865.65 |
Get a low fixed rate and pay no application or ongoing fees.
| | | |
| | |
2.54%
| 2.55% |
$0
|
$0 p.a.
|
90%
|
$43,314.23 |
A competitive value home loan with no ongoing fee.
| | | |
| | |
2.29%
| 4.31% |
$595
|
$0 p.a.
|
95%
|
$49,464.79 | $2,000 refinance cashback Borrow up to 95% LVR of the value of the property you're buying and pay no ongoing fees. $2,000 cashback for eligible refinancers borrowing $250,000 or more. | | | |
Hi guys,
I was recently made redundant and am concerned about my home loan repayments. My bank has offered me a 50% reduction in my koan repayments for a period of upto 3 months.
I am considering taking this, however will it affect my long term credit rating and if I want to refinance or apply for a new loan in the next 6-12 months?
Thanks in advance.
Andrew
Hi Andrew,
Thanks for your inquiry
Any spike in your balance can affect your credit rating negatively. This is especially true if that balance will not be paid off immediately. The percentage of extended credit you utilize accounts for another 30% of your credit rating. This means that you should be aware of how much credit is extended your way, and keep balances low as much as possible. A consistent and timely payment history comprises 35% of your credit score and if you are able to make regular payments, this will in time improve your credit rating significantly.
Hope this information helps
Cheers,
Arnold
I have built a new home as a owner builder, I’ve lived in my home for 5 months and need to sell for personal reasons, do I need to worry about capital tax ?
Hi Rhonda, thanks for your inquiry.
Usually homes are subject to Capital Gains Tax (CGT). Some assets that are exempt from CGT include:
-Your main residence and car or motorcycle
-Depreciating assets used solely for taxable purposes, such as business equipment or fittings in a rental property
any asset acquired before 20 September 1985.
Please refer to the email I have sent for more information on CGT exemptions.
Thanks,
Jonathan
I have been made redundant and can not at the moment pay my mortgage could I ask for a pause on my monthly mortgage for say 6 months until I get another job ? do I have any rights ? what should I be asking my mortgage company to do for me to help me at this time I would probable need 6 months at the most to resume normal payments
Hi Joy,
Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.
That would depend on your lender. If you face the very real prospect of falling behind on your payments it’s important to discuss your options with your lender immediately. Your lender may not agree to a repayment holiday at first, but instead may suggest alternatives that can still help you get back on your feet financially without affecting your home loan. This might include reducing your interest rate to lower your payments, switching your payments to Interest-Only payments, or even taking the next few payments out of any extra payments you might have made onto your mortgage. When these avenues have been exhausted, your lender may then agree to a full mortgage holiday.
I hope this helps.
Cheers,
Danielle
Hello,
I am going through this article. I am just wondering, if we take a payment holiday for our home loan for 3 months, would that in any way affect our personal credit file with the credit bureaus (Veda, D&B etc.), or would that any way affect our future borrowing with the same bank or a different banks for home loans, personal loans, car loans, or credit cards for that matter. If you can clarify.
Thank you.
Kylie
Hi Kylie,
Thanks for your enquiry.
Depending on the lender, there will be specific policies regarding mortgage holidays. Please note that not every lender will offer you the opportunity to take a mortgage holiday but may prefer that you make reduced payments or interest-only payments.
It would be best to speak to your lender directly.
I hope this helps.
Thanks,
Belinda
Hi I’m wanting to know how long can you have a mortgage repayment holiday for? I don’t want to stop paying per month at all just want to reduce them until my husbands work picks up please.
Hi Toni,
Thanks for your question.
Mortgage repayments holidays generally last between a period of two to six months, depending on your lender.
It’s best to speak to them directly to see what options they have available for you.
Cheers,
Shirley
Hi Shirley thanks for the that!! Can i re-apply in the 1 year?
Hi Toni,
No worries at all – it will depend on your lender and what their policies are. With some lenders you can apply for a repayment holiday once every two years.
Cheers,
Shirley
I have a lot of debt due to being unemployed for 6 months.
I am working again but earning 1/2 of my previous salary.
I cannot pay mortgage, cc debt, car lease payment and general living costs .
I am going to sell the house. Will the banks being willing to suspend my payments for 3 months until the house is sold if I talk to them?
Can you have some money in the bank when you apply for hardship? My husband has been off work (terminated) for 2 months now, we have 5,000 left in savings however owe a lot of debt. We have kept up our mortgage payments till now, but want to suspend for 3 months or until my husband gets another job.
My question really is, do we have to have 0 bank balance before the bank will help us???
Hi Suzanne,
Thanks for your enquiry.
Each lender will have different policies regarding mortgage repayment holidays.
Some lenders may not immediately agree to a full repayment holiday and may suggest that you make reduced payments of whatever amount you’re able to afford. Others may suggest that you decrease your payments to interest-only payments to ease the financial pressure.
It would be best to contact your lender directly to discuss your options.
Thanks,
Belinda
Hi joenz59,
Thanks for your question.
Your bank will be willing to listen to your current situation and may be able to grant you a repayment holiday. It might have been a good idea to have notified them as soon as you were unemployed, but you should still approach them to come to an agreement regarding your home loan.
Cheers,
Shirley
We have
1.an owner occupied Interest only, CBA home loan
2.an interest only investment loc (3 properties cross-collateralised)
3. $100k across 4 credit cards.
Our situation has just changed from 2 full time PAYE to 1 wage & we desperately need a bank holiday until my new income kicks in March 2015 as I have just replaced my PAYE job to – working for myself as as sub-contractor & it will take time to build up business etc.
We think we should ask the NAB since the interest is tax deductible but don’t want them to panic & start looking too close etc. But if you think the home loan might be a more empathetic choice can u please advise.
Hi Cheryl,
Thanks for your question.
Lenders generally want to hear about whether you’re having financial difficulties sooner rather than later, as they want to help you keep your loan commitments.
You may want to consider speaking to your lender about a repayment holiday, they will keep a close eye on your home loan account but they can explain the options available to you.
Cheers,
Shirley